Assistant Controller, Corporate

Position Title:

Assistant Controller, Corporate

Department:
Accounting

Reporting to:
Head of Finance

FLSA Status:
Exempt

Location:

Bentonville, AR

Walton Enterprises is seeking a skilled, highly motivated, and collaborative individual to join the team as an Assistant Controller, Corporate. The ideal teammate will have demonstrated expertise in financial reporting, budgeting, shared services cost allocation, multi entity accounting, financial systems, and process improvement, along with the ability to lead complex financial initiatives and partner effectively across the organization.

The Assistant Controller supports the Head of Finance in overseeing the financial administration and governance of Walton Enterprises's corporate entities. This role leads key components of financial reporting, enterprise budgeting, and shared-services cost and billing allocations, including the design and implementation of a new budgeting system and cost allocation process. In close partnership with Accounting, Finance, Treasury, Tax, and business leaders, the Assistant Controller safeguards the integrity of financial data and reporting, strengthens controls and governance, and drives continuous improvement across the department's processes and financial systems.

The Assistant Controller, Corporate will lead and support the day to day financial processes that enable accurate reporting, effective budgeting, and consistent cost allocation across Walton Enterprises corporate entities. The role will work closely with Accounting, Finance, Treasury, Tax, and business leaders to manage financial operations, improve systems and processes, strengthen controls, and provide financial insights that support organizational decision making.

• Assist in the redesign and reimplementation of the ERP platform including the COA, Dimensions, report design and governance and the design and implementation of a new annual budgeting process to facilitate annual budget development, forecasting, reporting, and ongoing maintenance and user support.
• Redesign the shared-services cost allocation model across multiple entities, establishing methodologies that improve accuracy, transparency, consistency, and alignment with organizational objectives.
• Manage period-end close activities related to overhead allocations, intercompany billings, reconciliations, and financial statement preparation to support timely and accurate reporting.
• Maintain and enhance allocation methodologies, cost centers, and chargeback processes; evaluate opportunities to strengthen efficiency, consistency, scalability, and governance.
• Partner with Accounting, Finance, Treasury, Tax, and business leaders to develop budgets, analyze variances, support forecasts, and translate financial results into actionable insights for management decision-making.
• Prepare and review billing schedules, allocation calculations, reconciliations, supporting documentation, and ad hoc management reports.
• Serve as the primary business owner for budgeting and allocation functionality within the financial system, including configuration, testing, enhancements, user training, and ongoing optimization.
• Ensure billing and allocation processes comply with internal policies, applicable accounting standards, and established financial controls.
• Identify and implement opportunities to automate billing, budgeting, reporting, and allocation processes to improve accuracy, scalability, and operational efficiency.
• Provide technical guidance, coaching, and mentorship to team members supporting budgeting, billing, accounts payable, and other financial operations.

• Comprehensive knowledge of financial statement preparation, budgeting,…